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Yahoo
15-07-2025
- Business
- Yahoo
Vietnam Loudspeakers Industry Research Report 2025-2034: Investment Opportunities Abound as Exports Exceed USD 700 Million 2024
Explore the booming loudspeaker market, with trends toward intelligence and wireless tech driving growth. Vietnam emerges as a key player with robust infrastructure and export figures exceeding $700 million in 2024. As a production hub, it is poised to dominate the smart speaker niche by 2034. Vietnamese Loudspeakers Industry Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Vietnam Loudspeakers Industry Research Report 2025-2034" has been added to offering. In recent years, the global loudspeaker market has shown a trend of large scale and sustained rapid growth. According to public data, the global loudspeaker market size will exceed US$5 billion in 2024. According to analysis, the segments of portable Bluetooth loudspeakers, wireless loudspeakers, and smart loudspeakers are growing rapidly. The rapid growth of portable Bluetooth loudspeakers and wireless loudspeakers mainly benefits from the popularity of music streaming and the increase in outdoor entertainment demand among young groups. In addition, the global supply of loudspeakers is mainly concentrated in Asia, especially in production bases such as China, Vietnam and Malaysia. ODM/OEM manufacturers such as Foxconn, Jiahe Smart, and Fenda Technology have taken orders from large brands with their scale manufacturing and cost advantages. The publisher predicts that in the future, with the continued development of smart homes, the popularity of online music and media streaming services, and the increase in outdoor leisure demand, the global loudspeakers market will continue to rise, especially the demand for smart far, Vietnam has become an important global loudspeaker production and export base. According to the analysis, Vietnam's electroacoustic industry, relying on a complete electronic processing cluster and a favorable investment environment, covered more than 3,000 manufacturers of loudspeakers, amplifiers and PCB assembly by 2024, and the total revenue of Vietnam's electronic product manufacturing industry exceeded US$140 billion. Many world-class OEM/ODM manufacturers (such as Sound Corp) have set up factories here, supporting the complete production chain of loudspeaker diaphragms, voice coils, magnets and whole machine loudspeaker production is mainly concentrated in two major industrial clusters, the north and the south. The north is centered on the Red River Delta and surrounding provinces. The south is centered around Ho Chi Minh City and neighboring provinces. With its complete electronic components and preferential investment policies, as well as relatively low costs, the northern region of Vietnam has become a major center for the production of complete loudspeakers and parts in to the analysis, Vietnam has become an important country in the global loudspeakers export in recent years. According to the data, Vietnam's loudspeakers exports exceeded US$700 million in 2024, and its main export markets include the United States, the Netherlands, India, South Korea, Canada and China. Among them, the United States is the largest export destination for Vietnamese loudspeakers, accounting for more than 50% of the total publisher predicts that in the future, with the improvement of upstream and downstream supporting facilities of Vietnam's electronics industry, the continuous improvement of local production capacity and the accelerated transfer of large brand supply chains to Vietnam, Vietnam is expected to become a very important global speaker production base, especially a smart speaker production publisher recommends that global speaker manufacturers and related investment companies conduct timely research on the Vietnamese market and prepare for the layout of the Vietnamese speaker market. The Shanghai, China and Hanoi, Vietnam offices will help foreign companies enter the Vietnamese speaker covered: Overview of the Loudspeakers Industry in Vietnam The Economic and Policy Environment of Loudspeakers Industry in Vietnam The Market Size of Loudspeakers Industry in Vietnam (2025-2034) Analysis of Major Loudspeakers Industry Manufacturers in Vietnam Main Driving Forces and Market Opportunities of Loudspeakers Industry in Vietnam What are the main driving forces, challenges and opportunities of loudspeakers industry in Vietnam during the forecast period of 2025-2034? Which companies are the main players in Vietnam's loudspeakers industry market and what are their competitive advantages? What is the expected revenue of Vietnam's loudspeakers industry market during the forecast period of 2025-2034? Which part of Vietnam's loudspeakers industry market will be expected to dominate the market in 2034? What are the main disadvantages facing Vietnam's loudspeakers industry? How can foreign capital enter Vietnam's loudspeakers industry? Key Attributes Report Attribute Details No. of Pages 80 Forecast Period 2025-2034 Estimated Market Value (USD) in 2025 $0.76 Billion Forecasted Market Value (USD) by 2034 $1.59 Billion Compound Annual Growth Rate 8.6% Regions Covered Vietnam Key Topics Covered1 Overview of Vietnam1.1 Geography of Vietnam1.2 Demographics of Vietnam1.3 Economic Condition of Vietnam1.4 Minimum Wages Standard in Vietnam2 Overview of Loudspeakers Industry2.1 Definition and Classification of the Loudspeakers Industry2.1.1 Definition of the Loudspeakers Industry2.1.2 Classification of Loudspeakers2.2 Loudspeakers Industry Chain in Vietnam2.2.1 Upstream: Components and Technical Service Supply2.2.2 Midstream: OEM and Brand Operation2.2.3 Downstream: Channel Distribution and Terminal Application2.3 The Policy Environment of Loudspeakers Industry in Vietnam2.4 The Recommendations for Foreign Companies Investing in Vietnam's Loudspeakers Industry3 Supply and Demand of Loudspeakers Industry in Vietnam3.1 Supply Analysis3.1.1 Loudspeakers Production Situation in Vietnam3.1.2 Loudspeakers Output in Vietnam3.1.3 Factors Affecting Vietnam's Loudspeakers Production3.2 Demand Analysis3.2.1 Loudspeakers Consumption in the World3.2.2 Loudspeakers Consumption in Vietnam3.2.3 Loudspeakers Consumption Structure Distribution4 Import and Export of Loudspeakers Industry in Vietnam4.1 Import Situation of Vietnam's Loudspeakers Industry4.1.1 Import Volumes of Vietnam's Loudspeakers4.1.2 Import Sources of Vietnam's Loudspeakers4.2 Export Situation of Vietnam's Loudspeakers Industry4.2.1 Export Volumes of Vietnam's Loudspeakers4.2.2 Export Destinations of Vietnam's Loudspeakers5 Market Competition of Loudspeakers Industry in Vietnam5.1 Entry Barriers to Vietnam's Loudspeakers Industry5.1.1 Technical Barriers5.1.2 Regulatory Approval Barriers5.1.3 Capital Investment Barriers5.2 Competition Structure in Vietnam's Loudspeakers Industry5.2.1 Bargaining Power of Suppliers5.2.2 Bargaining Power of Consumers5.2.3 Competition in Vietnam's Loudspeakers Industry5.2.4 Potential of New Entrants5.2.5 Threat of Substitutes6. Analysis of Main Companies of Vietnam's Loudspeakers6.1 Paramax Corporation6.1.1 Development History6.1.2 Main Business6.1.3 Operation Model6.2 Sound Corporation6.2.1 Development History6.2.2 Main Business6.2.3 Operation Model6.3 Foster Electric6.3.1 Development History6.3.2 Main Business6.3.3 Operation Model6.4 Company 46.4.1 Development History6.4.2 Main Business6.4.3 Operation Model6.5 Company 56.5.1 Development History6.5.2 Main Business6.5.3 Operation Model7. Outlook of Loudspeakers Industry in Vietnam 2025-20347.1 Analysis of Development Factors of Vietnam's Loudspeakers Industry7.1.1 Driving Force and Development Opportunities of Vietnam's Loudspeakers Industry7.1.2 Threats and Challenges Faced by Vietnam's Loudspeakers Industry7.2 Supply Forecast of Loudspeakers Industry in Vietnam7.3 Market Demand Forecast of Loudspeakers in Vietnam7.4 Import and Export Forecast of Loudspeakers in VietnamFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Vietnamese Loudspeakers Industry CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Washington Post
30-06-2025
- Entertainment
- Washington Post
Who wins and loses with Trump's tax bill?
Smart when you need it, fun when you want it — with hosts who feel like friends.
Yahoo
24-06-2025
- Automotive
- Yahoo
smart Drives Forward in the Year of Enhancing Global Operation 7 New Global Markets and Expanded Product Offerings
Hangzhou, China, June 24, 2025 (GLOBE NEWSWIRE) -- In the first half of 2025, smart continued to expand its global footprint and make its entry into 7 new markets. Significant R&D advancements in future products and technologies have been made, solidifying the company's long-term value proposition and meeting diverse customer needs. With the launch of 'open your mind Experiences' global campaign, smart keeps sharpening its renewed brand image and forged collaborations with iconic brands and Intellectual Properties, including BRABUS, Sennheiser, TREK, Keith Haring globally and Disney's Mickey & Friends and Peet's Coffee in China As smart advances through 2025 - the year of enhancing global operation – the premium electric automotive brand continues to drive innovation across global markets through strategic partnerships and product excellence. In the first half of 2025, smart has made significant inroads into the global market landscape, successfully entering seven new markets across the MENA region and Latin America. The business footprint has now expanded to 38 countries and regions, with exceeding 580 stores worldwide. With the launch of "open your mind Experience" global campaign, smart is sharpening its renewed brand image, and initating various crossover collaborations. In addition, the brand continues to enrich its product offerings, with plans to unveil more latest R&D technology and product results in the coming months. Mr. Tong Xiangbei, Global CEO of smart, said: "In the first half of 2025, smart has accelerated global expansion by entering new markets and expanding our product offerings with innovative models. Meanwhile, significant R&D advancements in future products and technologies have been made, solidifying the young global company's long-term value proposition and enabling us to meet diverse customer needs worldwide." Sharpening the Brand Image through Inspirational Co-creation During Auto Shanghai 2025, smart officially launched the "open your mind Experiences" global campaign, which was built around the "Power of Firsts" - the belief that first-time experiences create powerful emotional connections and unlock new possibilities. Embodying more first-time creative experiences, smart has forged collaborations with several iconic brands and Intellectual Properties throughout the first half of 2025. The partnership with the Keith Haring Foundation aligns street art with smart's urban mobility vision, debuting the smart #3 Keith Haring Art Car, with plans for a production version later this year. The collaboration with Disney in China enhances smart's inspiration with imagination and fun. This marks smart's second partnership with Mickey & Friends following the smart fortwo electric drive Disney edition from 11 years ago. smart and Peet's Coffee co-created the #1 Crema Edition for the Chinese market which features distinctive black-gold coloring and exclusive interior Mandy Zhang, Global CMO of smart, said: "We actively bring the "open your mind" brand claim to life through innovative collaborations with iconic global brands and IPs. From high-performance upgrades with BRABUS and immersive audio experiences with Sennheiser to embedding Keith Haring's iconic art in product designs, our partnerships span automotive, art, and lifestyle realms—including co-creations with TREK, Mickey & Friends, Peet's Coffee, and many more. These partnerships embody our commitment to breaking boundaries and continuing sharpening our distinctive brand image across diverse cultures. As we grow our brand presence, we are working closely with partners across 38 countries and regions to deliver enhanced service experiences to our customers." Mindful Technology Advancements: Enhanced ADAS and Intelligent Cabin smart continued to enhance its mindful technology offerings in the first half of 2025. The smart #5's Navigation on smart Pilot (NSP) function has been activated in the Chinese mainland, providing enhanced driving assistance for local customers. Additionally, smart achieved the first implementation of AI-powered interactions in the smart #5, advancing its intelligent cabin experience. Featuring these mindful technologies, the smart #5 continues its global rollout. The smart #5 BRABUS made its world premiere during the Milan Design Week in Italy, followed by successful launches in the European markets, Hong Kong China, and making its premiere in Malaysia, receiving positive feedback from global media and customers. As smart progresses through the year of enhancing global operation, the brand remains committed to delivering exceptional experiences for customers worldwide. Through continued market expansion, innovative partnerships, and product excellence, smart will keep inspiring customers to discover what happens when you open your mind to new possibilities. -End- About smart Since the birth of the brand in the 1990s, smart has always maintained the vision of exploring the best solutions for future urban mobility. In late 2019, Mercedes-Benz AG and Zhejiang Geely Holding Group officially established smart global joint venture. From 2019 to 2024, after the comprehensive renewal of its brand, products, and business model, smart successfully achieved the strategic objectives set for its initial five-year phase. Adhering steadfastly to the "China-Europe, Dual Home" global development strategy, smart has transformed into a leading premium electric automotive brand. It now boasts an expanding product matrix and a global footprint spanning around 40 countries and regions. In 2025, smart aims to boost its global business operations. CONTACT: Sebastian Liu smart in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mid East Info
08-05-2025
- Automotive
- Mid East Info
smart Partners with American University of Sharjah for ‘Get Active for Education' Walkathon to Fuel Scholarships
smart's AED 100-per-finisher pledge raises AED 10,000 for AUS scholarships smart drives campus engagement with 500+ through EV test drives and community games Sharjah, UAE –May 2025 – smart, the contemporary sustainable-mobility brand presented by AW Rostamani Group in the UAE, proudly partnered with the American University of Sharjah (AUS) as the official mobility partner for the three-day 'Get Active for Education' initiative (April 8–10, 2025). Blending healthy competition with charitable giving, the event raised critical funds for AUS's scholarship programme – empowering students facing economic barriers and students of determination to pursue their studies. During the three-day event, the first 100 finishers of the 2K walkathon triggered smart's AED 100 donation per participant, generating at least AED 10,000 for the AUS scholarship fund. More than 500 faculty, students and local businesses competed in the Corporate and Student Games semi-finals and finals, fostering teamwork, promoting healthy lifestyles and nurturing an inclusive spirit. Attendees also had the chance to test-drive smart's cutting-edge electric vehicles on campus, experiencing firsthand the brand's leadership in sustainable mobility. 'Our collaboration with AUS on Get Active for Education exemplifies smart's vision to lead with purpose,' said Roberto Colucci, Director of Electric Vehicles at AW Rostamani Group. 'Through combining physical activity with a scholarship drive, we're advancing sustainable transport while investing in the future of students who face social or financial barriers. Together with the AUS community, we're driving toward a more inclusive, forward-thinking tomorrow. We're excited to see the continued impact of this partnership and look forward to future collaborations that build on its success.' This partnership directly supports the UAE's Energy Strategy 2050, which aims to triple the contribution of renewable energy and achieve net-zero emissions by mid-century. smart's presence on campus demonstrated how electric mobility solutions can reduce carbon footprints, accelerate the transition to green energy, and engage communities in sustainability practices. At the closing ceremony, AUS presented smart with a commemorative plaque in recognition of its generous support and for raising awareness around accessibility in education. This accolade underscores the power of purpose-driven collaboration between industry leaders and academic institutions. The success of Get Active for Education highlights how sustainable-mobility companies can serve as catalysts for social progress – providing educational opportunities, promoting healthy lifestyles, and fostering environmental stewardship. Building on this momentum, smart looks forward to deepening its partnership with AUS and launching new initiatives that unite innovation with inclusivity. About smart: Since its inception in the 1990s, smart has pioneered urban electric mobility. In 2019, smart Automobile Co., Ltd. was established, adopting a 'China-Europe dual-home' strategy to become a world-leading, all-electric, new-premium brand. A joint venture between Mercedes-Benz and Zhejiang Geely Holding Group, smart combines cutting-edge R&D with sustainable production to deliver compact EVs designed for modern cities.
Yahoo
23-04-2025
- Automotive
- Yahoo
TomTom provides enhanced navigation to smart's in-vehicle solutions
TomTom provides enhanced navigation to smart's in-vehicle solutions SHANGHAI, April 23, 2025 (GLOBE NEWSWIRE) -- Auto Shanghai – TomTom (TOM2), the location technology specialist, today announced that it has been selected by smart, the premium all-electric intelligent auto brand, to provide enhanced full-stack navigation solutions for smart's in-vehicle infotainment systems across global markets. Through this partnership, TomTom elevates the driving experience by providing the smart #1, smart #3 and smart #5 models with industry-leading maps and a suite of intuitive navigation features. Drivers will benefit from TomTom's real-time updates and alerts on traffic conditions, local hazards, and potential dangers, providing greater peace of mind in dynamic road conditions. The smart models feature TomTom's advanced EV services, empowering drivers to embrace electric mobility, even on longer journeys. Furthermore, the models will leverage TomTom's Advanced Driver Assistance Systems (ADAS) maps, including speed limit information compliant with European standards (ISA) and EuroNCAP safety regulations, for safer and more efficient driving. 'We are thrilled to partner with smart to enhance their new generation of zero-emission electric vehicles with our advanced mapping and location data,' said Benoit Joly, SVP Sales, TomTom. 'We've optimized the infotainment system to provide a seamless navigation solution, combining our high-precision maps and real-time travel insights to deliver a great EV experience.' 'TomTom's leadership in navigation technology perfectly complements smart's commitment to delivering premium, electric, and connected vehicles,' said Yang Jun, Global CTO, smart. 'By incorporating real-time traffic data, EV charger availability, and individual driving styles, we ensure our drivers have access to optimal charging stops and seamless route adjustments, making electric driving even more convenient and enjoyable.' About TomTom: Billions of data points. Millions of sources. Thousands of communities. We are the mapmaker bringing it all together to build the world's smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward. Headquartered in Amsterdam with 3,600 employees around the globe, TomTom has been shaping the future of mobility for over 30 years. About smart: Since the birth of the brand in the 90s, smart has always maintained the vision of exploring the best solutions for future urban mobility. smart was officially established in 2019 with a forward-looking "China-Europe, dual home" global development strategy, and is committed to becoming a world-leading, new-premium, intelligent and all-electric auto brand. Following the comprehensive renewal of the brand, product and business model, smart will "Sprint to the Next Level" and has updated its brand claim. "open your mind" reflects a commitment to embracing diversity of thoughts, cultures, and beliefs, with an optimistic and open attitude, and making inspiration a reality through innovation. Engineering, research, and development for the new generation all-electric vehicle portfolio is led by the smart R&D team, with the Mercedes-Benz Global design team overseeing vehicle design. smart has introduced three SUV models, namely the #1, #3, and the all-new smart #5, which indicates the brand's formal foray into the premium mid-size all-electric SUV market segment. For further information: Media Relations mediarelations@ Investor Relations ir@ A photo accompanying this announcement is available at
